Building robotic safety inspectors nabs Gecko Robotics $40 million

INSUBCONTINENT EXCLUSIVE:
Gecko Robotics has landed $40 million in financing as it looks to build an additional 40 robots over the next year to meet what the company
in a statement
grow from a small team of Pittsburgh robotics experts hailing from Carnegie Mellon
Indeed, the company has added more than 100 new employees
The hiring push has been largely around creating a team of qualified experts in particular market segments who can operate the robots that
years
Other companies like Invert Robotics, a Christchurch, New Zealand-based company, has built its own competitive robotic safety inspector.The
initial pitch from Gecko managed to attract angel investors like Mark Cuban, Deep Nishar (a managing partner at SoftBank), Josh Reeves and
Jake Seid, the managing director at Stone Bridge Ventures.Now the company adds the Midwestern venture capital juggernaut Drive Capital to
investor and partner at Drive Capital
year